Calculators

Every calculator uses only the numbers you type. Nothing is pre-filled, sent or stored. Results are estimates only and are not an offer or commitment to lend.

Pick a calculator

• Payment and amortizationMonthly principal and interest, a yearly chart, extra-principal payoff and a side-by-side scenario.
• Affordability estimateThe monthly amount left for principal and interest at a debt-to-income ratio you choose.
• Rent or buy comparisonTotal cost of renting versus owning over the years you choose, from your assumptions.
• Debt-to-income checkYour front-end and back-end debt-to-income ratios from your own income and debts.
• Closing cost worksheetAdd up the sections of a Loan Estimate and compare two offers side by side.

Payment calculator (estimates only)

Enter your own numbers. Nothing is pre-filled, sent or stored.

Loan amount (dollars) Interest rate (annual, in percent) Term (years) Property tax per month (optional) Insurance per month (optional) Mortgage insurance per month (optional) HOA dues per month (optional) Extra principal per month (optional)

Compare a second scenario (optional)

Scenario B interest rate (annual, in percent) Scenario B term (years)

Calculate estimate

Affordability estimate (estimates only)

Enter your own gross monthly income, monthly debts and the debt-to-income ratio you want to test. Nothing is pre-filled, sent or stored.

Gross monthly income (dollars) Monthly debt payments (dollars) Monthly taxes, insurance and HOA (dollars) Target debt-to-income ratio (in percent)

Calculate estimate

Rent or buy comparison (estimates only)

Every assumption is yours to enter. Nothing is pre-filled, sent or stored. The comparison ignores taxes and what your cash might earn elsewhere.

Monthly rent today (dollars) Expected yearly rent increase (in percent, optional) Home price (dollars) Cash paid at purchase, including closing costs (dollars) Loan amount (dollars) Interest rate you were quoted (annual, in percent) Loan term (years) Monthly taxes, insurance and HOA (dollars, optional) Yearly upkeep and repairs (dollars, optional) Expected yearly home value change (in percent, optional) Cost to sell, as a share of the sale price (in percent, optional) Years to compare

Compare

Debt-to-income check (estimates only)

Enter your own monthly figures. Nothing is pre-filled, sent or stored. The CFPB explains debt-to-income ratios.

Gross monthly income, before taxes (dollars) Proposed monthly housing payment, including taxes, insurance and HOA (dollars) Other monthly debt payments: cards, auto, student loans, support (dollars)

Check ratios

Closing cost worksheet (estimates only)

Copy the section totals from page 2 of a Loan Estimate. Leave any section blank if it is zero. Nothing is pre-filled, sent or stored.

A. Origination charges (dollars) B. Services you cannot shop for (dollars) C. Services you can shop for (dollars) E. Taxes and other government fees (dollars) F. Prepaids (dollars) G. Initial escrow payment at closing (dollars) H. Other (dollars) Lender credits, entered as a positive number (dollars)

Add it up

Related

• Banks, Mortgage Lenders, Brokers and Credit Unions
• Loan type finder
• Questions to ask: checklist